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Cleveland Fed’s Beth Hammack on interest rates, inflation and tariffs

Cleveland Fed’s Beth Hammack on interest rates, inflation and tariffs

Cleveland Federal Reserve President Beth Hammack joins CNBC’s “Squawk Box Europe” on Monday morning to discuss the likelihood of further interest rate cuts and the health of the U.S. economy. Hammack’s comments come shortly after stronger-than-expected economic data appear to have dented Wall Street’s hopes for sharp monetary easing. The Fed approved a widely anticipated…

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French sovereign wealth chief warns Europe ‘colonized’ by U.S., China

French sovereign wealth chief warns Europe ‘colonized’ by U.S., China

Key Points Nicolas Dufourcq, the head of France’s state investment bank Bpifrance, warned that Europe is becoming “doubly colonized” by Chinese industry and U.S. tech. “It’s not in the future; the consequences are now,” he warned an audience at private capital conference IPEM. Bpifrance manages assets worth around 100 billion euros ($117 billion). The head…

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